Item: Tata Banking & PSU Debt Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal
Rating: 4
Author: Morningstar

Home › Mutual Funds › Tata Mutual Fund › Tata Banking & PSU Debt Fund Direct Reinvestment of Income Distribution cum Capital Withdrawal

13.493 (0.031%)

NAV on June 14, 2024

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 208 cr

Turnover Ratio 170.41%

Expense Ratio 0.26%

Exit Load -

Returns

1M: 0.70%
1Y: 6.98%
3M: 1.87%
3Y: 5.47%
6M: 3.98%
5Y: N/A

Min Investment 5,000

This scheme closed on 14-06-2024

ADDITIONAL INFO

Fund Manager Amit Somani (Since over 6 years)

ISIN INF277K014X6

Fund Family Tata

Launch Date October 11, 2019

Benchmark CRISIL Banking and PSU Debt TR INR

Avg. Maturity 2.80 years

Yield To Maturity (%) 7.70%

INVESTMENT OBJECTIVE

The investment objective of the scheme is to generate reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Kotak Banking and PSU Debt Direct Growth	70.873	7.15%	5,409 cr	0.40%	Average
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	35.451	6.90%	9,489 cr	0.39%	Below Average
PGIM India Banking and PSU Debt Fund Direct Plan Growth	22.344	6.80%	45 cr	0.18%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	24.808	6.73%	5,599 cr	0.39%	Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	393.755	6.58%	8,991 cr	0.39%	Average
Nippon India Banking & PSU Fund Direct Growth	22.251	6.49%	5,294 cr	0.38%	Above Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	26.375	6.44%	517 cr	0.39%	Above Average

Best Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Franklin India Banking & PSU Debt Fund Direct Growth	24.528	7.69%	479 cr	0.19%	Below Average
UTI Banking & PSU Fund Direct Plan Growth	23.236	7.29%	1,099 cr	0.2%	Below Average
Kotak Banking and PSU Debt Direct Growth	70.873	7.15%	5,409 cr	0.4%	Average
LIC MF Banking & PSU Fund Direct Plan Growth Option	38.880	6.91%	1,879 cr	0.28%	Average
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	35.451	6.90%	9,489 cr	0.39%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	24.808	6.73%	5,599 cr	0.39%	Average